HAMPTON YACHT CLUB

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1907

Legal Domicile

Principal Officer

PATRICIA A MELOCHICK

Phone

7577220711

Tax Period

2023-01-01 to 2023-12-31

HAMPTON YACHT CLUB, founded in 1907, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE OPPORTUNITIES FOR ITS MEMBERSHIP TO PARTICIPATE IN ALL ASPECTS OF THE SPORT OF YACHTING AND TO ASSOCIATE WITH OTHERS OF LIKE INTEREST.

Program Service Accomplishments

Program 1

Expenses: $313,327 Revenue: $348,139

THE MISSION OF THE JUNIOR SAILING PROGRAM IS TO DEVELOP SAILING, SEAMANSHIP, AND RACING SKILLS IN A SAFE, FUN, AND STRUCTURED ENVIRONMENT FOR YOUTH. HYC JUNIORS DEMONSTRATE RESPECT AND CARE FOR...

THE MISSION OF THE JUNIOR SAILING PROGRAM IS TO DEVELOP SAILING, SEAMANSHIP, AND RACING SKILLS IN A SAFE, FUN, AND STRUCTURED ENVIRONMENT FOR YOUTH. HYC JUNIORS DEMONSTRATE RESPECT AND CARE FOR OTHERS, CARE FOR THEIR EQUIPMENT, AND ALWAYS WILLING TO LEND A HELPING HAND BOTH AFLOAT AND ASHORE. THE GOAL IS TO CREATE SKILLED AND CONFIDENT YOUNG PEOPLE WHO WILL BE A LIFELONG CREDIT TO THE HAMPTON YACHT CLUB AND THE COMMUNITY.

Program 2

Expenses: $46,292 Revenue: $55,928

THE RACE PROGRAM ORGANIZES, SUPPORTS, AND PARTICIPATES IN SAIL BOAT RACING EVENTS THROUGHOUT THE YEAR FOR MEMBERS AND NONMEMBERS. THESE EVENTS, REFERRED TO AS REGATTAS, ARE LARGELY COORDINATED AND...

THE RACE PROGRAM ORGANIZES, SUPPORTS, AND PARTICIPATES IN SAIL BOAT RACING EVENTS THROUGHOUT THE YEAR FOR MEMBERS AND NONMEMBERS. THESE EVENTS, REFERRED TO AS REGATTAS, ARE LARGELY COORDINATED AND OPERATED BY MEMBERS WHO WILLINGLY DEVOTE MANY HOURS OF TIME TO MAKE EACH EVENT A SUCCESS. RECURRING ANNUAL EVENTS INCLUDE: NEW YEAR'S DAY RACE, WEDNESDAY NIGHT RACING SERIES, DOWN THE BAY RACE (AN OVERNIGHT RACE FROM ANNAPOLIS TO THE HAMPTON YACHT CLUB) MIDDLE GROUND LIGHT RACE, SOUTHERN BAY RACE WEEK (3-DAY EVENT WITH 80-100 BOATS PARTICIPATING), AND THE ANNUAL ONE DESIGN REGATTA (A RACE WHERE ALL COMPETITORS ARE ON THE SAME KIND OF BOAT).

Program 3

Expenses: $5,075 Revenue: $3,960

THE ADULT SALING PROGRAM SUPPORTS INSTRUCTION AND OPPORTUNITY FOR ADULT MEMBERS TO LEARN TO SAIL. THIS PROGRAM PREDOMINANTLY USES THE CLUB'S SONAR FLEET. THE FOCUS IS ON DEVELOPING PROGRAMS FOR ADULT LEARN-TO-SAIL, TEAM RACING, AND ONE-DESIGN RACING. THE SONAR IS A KEELBOAT, SAFE AND STABLE ENOUGH TO TEACH NEW SAILORS HOW TO RIG, SAIL, AND COMPETE. THE CLUB HAS HOSTED LEARN-TO-SAIL CLASSES, CLINICS, AND RACING EVENTS CATERED TO NEW SAILORS. THE ADULT SAILING PROGRAM INCLUDES THE WOMEN'S SAILING PROGRAM, WHICH PROVIDES A FUN, SAFE, AND SUPPORTIVE ENVIRONMENT CATERED TO WOMEN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,100,534

Program Service Revenue $420,874

Investment Income $17,570

Other Revenue $999,619

TOTAL REVENUE $2,538,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,251,564

Fundraising Expenses $0

Program Expenses $1,494,787

Other Expenses $1,271,384

TOTAL EXPENSES $2,522,948

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,538,597	$2,421,016	+0.0%
Expenses	$2,522,948	$2,458,784	+0.0%
Net Income	$15,649	$-37,768	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

125

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG MILLER	COMMODORE	2.00	Officer Director	$0	$0	$0
SERGIO DEIHL	VICE COMMODORE	1.00	Officer Director	$0	$0	$0
JUSTIN MORRIS	REAR COMMODORE	1.00	Director	$0	$0	$0
TOM MOREHOUSE	PAST COMMODORE	1.00	Director	$0	$0	$0
CHRISTIAN JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK SPAULDING	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN BLAIS	BOARD MEMBER	1.00	Director	$0	$0	$0
LEE FAIRCHILD	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID LONGFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA MELOCHICK	TREASURER	2.00	Officer	$0	$0	$0
DAVE HAMILTON	SECRETARY	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,538,597	$2,522,948	$5,280,885	$15,649
2022	$2,421,016	$2,458,784	$5,427,252	$-37,768
2021	$2,385,953	$2,174,798	$5,676,996	$211,155
2020	$1,965,385	$2,065,997	$5,612,836	$-100,612
2019	$2,092,356	$2,112,068	$5,937,152	$-19,712
2018	$2,088,733	$1,993,505	$6,127,519	$95,228